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TIFIA program

The Transportation Infrastructure Finance and Innovation Act program, which provides federal credit assistance (like direct loans and loan guarantees) for significant surface transportation projects.

RRIF program

The Railroad Rehabilitation and Improvement Financing program, which offers direct loans and loan guarantees for developing and improving railroad infrastructure.

Transit-Oriented Development (TOD)

A type of community development that includes a mix of housing, office, retail, and other amenities integrated into a walkable neighborhood and located within a half-mile of quality public transportation.

Attainable Housing Project

A specific type of transit-oriented development project where homes serve households with incomes up to 120% of the area's median income, and the majority of housing units are affordable for households with incomes up to 80% of the area's median income.

Investment-Grade Rating

A high credit rating issued by an agency (like Standard & Poor's or Moody's) indicating a low risk of default, often required for large loans or investments.

Area Median Income (AMI)

The middle income for a specific region, meaning half the households in that region earn more and half earn less. It's often used as a benchmark for determining eligibility for housing assistance and affordability programs.